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TALLAHASSEE, Fla. – In response to the coronavirus pandemic, two CUSOs are offering new solutions and discounts to credit unions.

WASHINGTON—The Internal Revenue Service has begun sending payments of approximately $1,200 to most Americans as part of the economic stimulus included in the CARES Act.

WASHINGTON–Several state bank trade associations have filed an amicus brief in support of a petition with the Supreme Court in a case filed by the American Bankers Association that challenges NCUA’s field of membership rule.

NEW YORK–A well-known fintech that was among the first to offer mobile-only, low-fee banking services said it is shutting down.

ARLINGTON, Va.—The Federal Finance Housing Authority (FHFA) must elevate its ability to regulate government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac before it can release them from conservatorship, according to a report by the FHFA’s inspector general.

ARLINGTON, Va.—On a seasonally-adjusted basis, overall consumer prices fell 0.4% in March after a slight rise in February – the largest one-month drop since 2015.

LONDON—Revolut has made its digital banking services debut in the U.S., following months of testing and preparations.